Question: ** Need both urgently, please do both! Jonathan Apple company orders product A on a daily basis and has a 8 day leadtime. Average daily

** Need both urgently, please do both! Jonathan Apple company orders

** Need both urgently, please do both!

Jonathan Apple company orders product A on a daily basis and has a 8 day leadtime. Average daily demand is 100 units with a standard deviation of 10 units. The holding cost is $5.00 per day and desired in-stock probability is 0.9773 (safety factor =2 ). What is the holding cost it incurs per unit? It says $55 is wrong so I am confused A) $860 B) $43 C) $100 D) $55 E) $200

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